Articles

Worker productivity soars, labor costs plummet

Worker productivity, the single biggest factor determining living standards, grew at the fastest pace in nearly six years
in the spring while labor costs fell by the most in nine years, as companies slashed costs to survive the recession.

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Economy pushes executives into small firms

In the recession, folks with former big-company careers
are increasingly taking jobs with small businesses. For some downsized executives, it’s about the desperate need for
a paycheck. Others, who felt impotent and pigeonholed in corporations, discover they prefer the challenge of entrepreneurship.

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CIB OKs budget, but awaits council vote

Members of the Indianapolis Capital Improvement Board this afternoon passed a $63 million budget for 2010 that hinges on the
City-County Council’s approval of a hike in the local hotel tax.

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Indiana workplace deaths rise slightly

The number of Hoosiers who died on the job last year ticked up from the previous year. But the total still represents the
second-fewest workplace fatalities since the federal government began tracking the statistic in 1992, the Indiana Department
of Labor said today.

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Grizzled entrepreneur: Pounce now

Dave Becker has made a lot of money on ventures including First Internet Bank and a banking software firm
called re:Member Data Services, so his thoughts about the right time to launch a business are not exactly
uninformed.

When is the…

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United Way turns to the rich

The wealthy in the Indianapolis area arenâ??t carrying their weight in supporting United Way of Central Indiana,
according to an analysis by the not-for-profit    comparing places including Cincinnati, Milwaukee and Columbus,
Ohio.

The Indianapolis chapter has 22 â??principalâ?? donors, defined as…

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Questions about â??clunkersâ??

â??Cash for clunkersâ?? has sent lots of gas-guzzlers to the scrap yard and helped car dealers move the metal.

But as Congress considers adding $2 billion to the initial $1 billion earmarked for the program, both the
political right and left…

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Muncie manufacturer Duffy calling it quits

Duffy Tool & Stamping LLC in Muncie has notified the Indiana Department of Workforce Development
that the company will close its plant by the end of October. Roughly 130 workers will lose their jobs as a result
of the closure, Duffy said in its July 27 filing.

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MARCUS: Economic slump inspires platitudes galore

If the problem is that consumers and businesses
are not spending because banks aren’t lending, then government making it easier for banks to lend and consumers to spend
is a good thing. The stimulus plan is right on target.

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